Los Angeles Section 8 Browning Lomod Corporation -3

Analysis

Los Angeles Section 8 Browning Lomod Corporation -3 is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Los Angeles Section 8 Browning Lomod Corporation -3 reported income of $170k and spending of $117k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $170k (+5.0%), an average of +5.0% a year. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles Section 8 Browning Lomod Corporation -3 sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include The Friends of the Juneau Public Libraries ($170k), Little League Baseball Inc ($170k) and PTA California Congress of Parents Teachers & Students Inc ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 31% of the total. At year end it held assets of $373k against liabilities of $12k, net assets of $360k.